Bitcoin Price Jumped to a New Record High
Aug15

Bitcoin Price Jumped to a New Record High

For a long time, gold enjoyed the title of being the most valuable savings tool worldwide. Five months ago, Bitcoin’s price soared and it soon became as costly as gold. Last week, however, a significant change in Bitcoin’s price took place. It reached as high as $3,400, which is almost three times higher than an ounce of gold. According to a report by Bloomberg, the precious metal closed at $1,257, which is almost $2,000...

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Largest Exchange Went Offline as Bitcoin Price Surge
Jun06

Largest Exchange Went Offline as Bitcoin Price Surge

Coinbase, the world’s largest Bitcoin exchange, went offline last week due to a massive increase in Bitcoin price. The rising value of the cryptocurrency led to several outages across the Bitcoin exchange. Despite being one of the most well-funded Bitcoin exchanges, Coinbase was not able to handle the dramatic rise in Bitcoin price recently. Coinbase Unavailable Those who deal in Bitcoins must have noticed the sudden rise in Bitcoin...

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Bitcoin Price Hits a New All-Time High
May08

Bitcoin Price Hits a New All-Time High

Bitcoin, the popular form of digital currency, has seen a shift in its value. The price at which it’s traded is suddenly in the news for reaching an all-time high of $1,330.72 towards the end of April. Market observers are a bit surprised at this development, since there were no immediate market conditions to lift Bitcoin price to these levels. The BTC has recently been traded at prices hovering around the $1,300 mark, around...

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Bitcoin Price Could Reach $3,000 By Year End
Mar13

Bitcoin Price Could Reach $3,000 By Year End

Ever since its conception in 2009, bitcoin has witnessed unprecedented growth and has been widely adopted through the world. The cryptocurrency has been the element pushing the growth of blockchain technologies in financial and non-financial sectors. bitcoin is gradually overcoming its initial volatility concerns and experts envision great days ahead as it becomes more stable. These were the sentiments of an analyst in a March 7...

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Saxo Bank Predicts Huge Gains for Bitcoin Price in 2017
Jan03

Saxo Bank Predicts Huge Gains for Bitcoin Price in 2017

Saxo Bank, a Danish investment bank has recently released its annual “Outrageous Predictions” for the coming year, 2017. Saxo Bank, which is an online multi-asset trading and investment specialist, has projected in its speculations that the bitcoin price is likely to triple in value. Bitcoin, the first decentralized digital cryptocurrency, gained popularity among users who opted for another form of currency apart from the dollar. If...

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Rising Interest Rates Could Affect The Bitcoin Price
Nov03

Rising Interest Rates Could Affect The Bitcoin Price

In recent years, a wide range of digital currencies has emerged, these includes Bitcoin, Litecoin, Ripple, and Peercoin. The Bitcoin has been the most prominent of these currencies in terms of both market capitalization and impressive price development. Its price increased from a zero value base at the time of its conception back in 2009 to a whopping $ 1100 at the end of 2013. This peer-to-peer cryptocurrency may soon be facing...

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